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Home > News > Large cars, MUVs, SUVs will be dearer > Large cars, MUVs, SUVs will be dearer

Large cars, MUVs, SUVs will be dearer [1]

Vehicles above 1500-1999 cc face duty of Rs. 15,000 Those with 2000 cc and above will cost Rs. 20,000 more In a firm move to discourage fuel guzzlers on the road in the wake of rising fuel prices, the government on Friday imposed a stiff additional excise duty of about Rs. 15,000-20,000 as a specific levy on large cars, MUVs (multi-utility vehicles) and SUVs (sports utility vehicles).

Publication Date: 
14/06/2008
Hindu (New Delhi) [2]
Tags:
Economy [3], Automobiles [4], Auto Industry [5], Hyundai Motors India [6], Maruti Udyog [7], Tata Motors [8]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/large-cars-muvs-suvs-will-be-dearer

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/large-cars-muvs-suvs-will-be-dearer
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/hindu-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/automobiles
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hyundai-motors-india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/maruti-udyog
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/tata-motors